This country spent 12% of its GDP to buy its own currency. Will they stop after elections? Just curious
TR spent $250B in last 2 years to prop up its currency. Source: Selva Baziki of Bloomberg.
I think this increased prices of everything in TR including my land.
Right now, minimum wage, meat, milk etc prices are double of what they historically should be (in USD).
I figured if I understand the rough mathematical FORMULA behind their currency manipulation, I might be able to predict if prices (in USD) will return to normal but I obviously couldn’t come up with a formula.
Depending on that prediction, I might lose or make multiple six figures. So I’d really appreciate your input. TIA.
PS. I’m not asking for advice. I’m just curious. I believe most free information is misinformation
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